TTS (Transport Trade Services) Dividend
Dividend criteria checks 2/6
TTS (Transport Trade Services) is a dividend paying company with a current yield of 2.06% that is well covered by earnings. Next payment date is on 17th June, 2024 with an ex-dividend date of 24th May, 2024.
Key information
2.1%
Dividend yield
12%
Payout ratio
| Industry average yield | 6.2% |
| Next dividend pay date | 17 Jun 24 |
| Ex dividend date | 24 May 24 |
| Dividend per share | n/a |
| Earnings per share | RON4.73 |
| Dividend yield forecast in 3Y | 3.8% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TTS has been paying a dividend for less than 10 years.
Growing Dividend: TTS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| TTS (Transport Trade Services) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TTS) | 2.1% |
| Market Bottom 25% (RO) | 2.3% |
| Market Top 25% (RO) | 6.7% |
| Industry Average (Shipping) | 6.2% |
| Analyst forecast in 3 Years (TTS) | 3.8% |
Notable Dividend: TTS's dividend (2.06%) isn’t notable compared to the bottom 25% of dividend payers in the RO market (2.27%).
High Dividend: TTS's dividend (2.06%) is low compared to the top 25% of dividend payers in the RO market (6.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.6%), TTS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.8%), TTS's dividend payments are well covered by cash flows.